The low stalled at a lower trend line....
The EURUSD pushed lower in the NY session but did find support at a lower trend line on the intraday 5-minute chart.
The corrective move off the low, has moved up to retest the break floor area from earlier in the NY session. That comes in at 1.17537 to 1.17562. The 100 bar MA on the 5-minute chart at 1.1758 (and moving lower) is another key level to eye. As outlined in an earlier post, the 100 bar MA has been stalling the rallies and keeping a lid on the pair.
